Also, from the this message board looks like you and I are the only people in he world that own this stock or care. If this continues I can see average volume of perhaps 2 shares a day, just about that bad.
A company that has achieved positive earnings and can't seem to communicate with shareholders needs a manager who can. Positive earnings and patents is worth more than $1.70 per share. On the other hand a larger group could take this over especially at this price. Word of mouth marketing is not making it and with no marketing of the shares without a conference call or other real news is baffling.
Downsizing done, low margin business is gone, revenues up especially automation, no debt, available credit facility, margins improved and adequate backlog. Earnings positive during a slow quarter. Patents are impressive. No marketing beyond word of mouth, that needs to be diversified to gain what appear to be excellent services. And as we know no pr other than the investor ideas group which does even show on yahoo and the stories don't say anything. Insiders own huge amounts which makes me wonder why basically a penny stock price is ok with them???
No one knows the stock. No real earnings release, no conference call, no outlook from management and finally no apparent interest in shareholder value. I thought maybe there was an announcement coming from the energy alternative business but .....
Maybe management does not know how to build value? Positive earnings, renewed 5 year contracts and a share price of $1.60 makes no sense what so ever.
I plan to hold, I have a bunch of shares and think we need to pressure the IR people to do something. I wish I was near Houston as I would attend any meeting I could. Does not hurt to make the IR people and Board of Directors look stupid. Still think we will see over $4 this year, fingers crossed. This new thing with oil surplus does not help.
Because of that silence, investors become suspicious that something bad is brewing. When in fact I believe something good is about to happen. Such a good report why would management not take a bow every now and then. Time will tell.
I plan to read more thoroughly this weekend.
I have emailed the IR people at ENG asking what the IR people do, apparently not much. They did no advance press on when the report would be out. Even when they expand a segment they or get any new contracts they should be posted. Good report yesterday, no volume and up an entire penny. No one knows of the company or seems to care.
Quick read shows continued good news for 2015. What's not there (I think) is the recent talk about environmental opportunities. We have got to get a brokerage coverage or this will be dead money. Overall, 2015 should be good with a possibility of new business. The essential need for energy groups to rein in costs is eng expertise. Good luck longs
Looks good especially considering the oil market collapse. Mentions acquisitions? Guess we will have to wait for sec filing for specifics. This not a $2 stock. Hopefully someone will pick up coverage with a buy rating!
Yup. Such a secretive company, strange really for a public company. Maybe they wished they weren't public?